1437 Cleaver Street

    Chicago, IL 60642
    • $1,555,000
    • STATUS: Active
    • ON SITE: 172 days
    • MLS #: 09932847
    Price Reduced
    UPDATED: 29 min ago
    $1,555,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1880
    County:

    School Ratings & Info

    Description

    Gut rehabbed six-apartment building located in prominent Wicker Park, has very strong tenant demand and an abundance of stores, restaurants, local options and more within walking distance. Close to CTA Blue Division Line and I-90/94 interstate highway access. All units completed last year with new finishes (HW floors, SS appliances w/ DW, granite countertops, new cabinets) currently 100% tenant-occupied and cash flowing positively. Central HVAC installed, new open wood porch installed, completed basement, and heavy improvements to electrical & plumbing. Leased through 2018, with room for rent increases to market.

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dena Furlow Team - Keller Williams Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Dena Furlow Team - Keller Williams Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-10-20T22:51:53.133.

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    1437 Cleaver Street Chicago, IL 60642

    • Price: $1,555,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 09932847
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1880
    Built
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    Property Description
    Gut rehabbed six-apartment building located in prominent Wicker Park, has very strong tenant demand and an abundance of stores, restaurants, local options and more within walking distance. Close to CTA Blue Division Line and I-90/94 interstate highway access. All units completed last year with new finishes (HW floors, SS appliances w/ DW, granite countertops, new cabinets) currently 100% tenant-occupied and cash flowing positively. Central HVAC installed, new open wood porch installed, completed basement, and heavy improvements to electrical & plumbing. Leased through 2018, with room for rent increases to market.
    Exterior Features

    Lot Dimensions 25X125 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning Central Air Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 6 Number Of Dryers 1 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 6 Number Of Refrigs 6 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 4 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 3 Number Of Units Apt Type2 3 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 1 Repairs Decor Expense 880

    Property Features

    Age New Rehab Built Before1978 YN Yes Electric Expense Source Actual Electricity Expense 959 Expense Year 2017 Fuel Expense 0 Fuel Expense Source Actual Gross Rental Income Amount 11838 Heat Ventilation Central Heat/Indiv Controls Insurance Expense 583 Insurance Expense Source Actual Janitor Expense 2000 Janitor Expense Source Broker Projection Monthly Income Max1 1595 Monthly Income Max2 1750 Net Oper Income Amount 86408 Net Operating Income Year 2017 Other Expense Source Actual Other Expenses 10000 Tax Year 2016 Taxes 14024 Tenant Pays ElectricHeat Total Annual Exp 31972 Total Annual Expense Source Actual Total Annual Income 11830 Total Monthly Income 9865 Township West Chicago Type Multi Family Corridor-Interior Entrance Washer Dryer Lsd YN Yes Water Expense 1377 Water Expense Source Actual Zoning Type Multi

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Windy City Re Llc.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dena Furlow Team - Keller Williams Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Dena Furlow Team - Keller Williams Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-10-20T22:51:53.133.

    Digital Millennium Copyright Act
     
    The Dena Furlow Team - Keller Williams Realty
    608 S. Washington St., Suite 100
    Naperville IL, 60540